AMERIQUEST MORTGAGE SECURITIES INC
8-K, 2000-07-28
FINANCE SERVICES
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington D. C. 20549

                                    Form 8-K

                Current Report Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934


        Date of Report (Date of earliest event reported):  July 17, 2000

                        AMERIQUEST MORTGAGE COMPANY
      Floating Rate Mortgage Pass-Through Certificates, Series 2000-1 Trust
          (Exact name of registrant as specified in its charter)

New York (governing law of           333-94443
Pooling and Servicing Agreement)     (Commission     52-2240965
(State or other                      File Number)    52-2240963
jurisdiction of Incorporation)                       52-2240964
                                                     IRS EIN



    c/o Wells Fargo Bank Minnesota, N.A.
    11000 Broken Land Parkway
    Columbia, MD                                             21044
    (Address of principal executive offices)              (Zip Code)


    Registrant's telephone number, including area code:  (410) 884-2000

    Former name or former address, if changed since last report)


ITEM 5.  Other Events

On July 17, 2000 a distribution was made to holders of AMERIQUEST MORTGAGE
COMPANY, Floating Rate Pass-Through Certificates, Series 2000-1 Trust.




ITEM 7.  Financial Statements and Exhibits

        (c)  Exhibits furnished in accordance with Item 601(a) of
  Regulation S-K

             Exhibit Number                      Description
             EX-99.1
                                  Monthly report distributed to holders of
                                  Floating Rate Pass-Through Certificates,
                                  Series 2000-1 Trust, relating to the
                                  July 17, 2000 distribution.


Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.



                            AMERIQUEST MORTGAGE COMPANY
              Floating Rate Pass-Through Certificates, Series 2000-1 Trust

              By:   Wells Fargo Bank Minnesota, N.A., as Trustee
              By:   /s/ Sherri Sharps, Vice President
              By:   Sherri Sharps, Vice President
              Date: 07/19/2000





                                INDEX TO EXHIBITS

Exhibit Number                   Description

EX-99.1         Monthly report distributed to holders of Floating Rate
                Pass-Through Certificates, Series 2000-1 Trust, relating to
                the July 17, 2000 distribution.






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